I just assumed this is how business was done at that level. For example in the health insurance industry "Producers" receive all shorts of benefits from carriers to push their plans onto clients.
Former Netflix executive convicted of receiving bribes from contractors
161–170 of 413 posts
Re: Former Netflix executive convicted of receiving bribes from contractors
#162I guess some people just don't get quality onboarding content from compliance.
I checked your profile hoping maybe you had a quality onboarding compliance content startup. Maybe one day...
Re: Former Netflix executive convicted of receiving bribes from contractors
#163If this is all illegal, the stories I was told by early Facebook employees about how Chamath made his money are more confusing than ever.
Re: Former Netflix executive convicted of receiving bribes from contractors
#164The DOJ press release is clearer than this article is: https://www.justice.gov/usao-ndca/pr/former-netflix-executiv... Some fun details: Kail did his criming through a shell LLC he set up called "Unix Mercenary". He took between 10-15% of the total billings for each of the companies he hooked up with this scheme. None of those companies were charged (more's the pity). They got him on mail fraud, wire fraud, honest se…
We've changed the URL to that from https://www.businessofbusiness.com/articles/why-a-former-net... . Thanks!
add an indicator to indicate the admin changed what I (@ugwigr) posted. Materially changing the content your users post is wrong.
Re: Former Netflix executive convicted of receiving bribes from contractors
#165The DOJ press release is clearer than this article is: https://www.justice.gov/usao-ndca/pr/former-netflix-executiv... Some fun details: Kail did his criming through a shell LLC he set up called "Unix Mercenary". He took between 10-15% of the total billings for each of the companies he hooked up with this scheme. None of those companies were charged (more's the pity). They got him on mail fraud, wire fraud, honest se…
That's amazing. Kail was a star in Netflix. He got promoted to VP only a few months after he joined Netflix as a director. I don't get what the point is of committing such crimes.
Re: Former Netflix executive convicted of receiving bribes from contractors
#166The DOJ press release is clearer than this article is: https://www.justice.gov/usao-ndca/pr/former-netflix-executiv... Some fun details: Kail did his criming through a shell LLC he set up called "Unix Mercenary". He took between 10-15% of the total billings for each of the companies he hooked up with this scheme. None of those companies were charged (more's the pity). They got him on mail fraud, wire fraud, honest se…
A clearer way to say it would be "The DOJ press release clearer than this article is:"
Re: Former Netflix executive convicted of receiving bribes from contractors
#167The DOJ press release is clearer than this article is: https://www.justice.gov/usao-ndca/pr/former-netflix-executiv... Some fun details: Kail did his criming through a shell LLC he set up called "Unix Mercenary". He took between 10-15% of the total billings for each of the companies he hooked up with this scheme. None of those companies were charged (more's the pity). They got him on mail fraud, wire fraud, honest se…
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Re: Former Netflix executive convicted of receiving bribes from contractors
#168The DOJ press release is clearer than this article is: https://www.justice.gov/usao-ndca/pr/former-netflix-executiv... Some fun details: Kail did his criming through a shell LLC he set up called "Unix Mercenary". He took between 10-15% of the total billings for each of the companies he hooked up with this scheme. None of those companies were charged (more's the pity). They got him on mail fraud, wire fraud, honest se…
> Further, though Mr. Kail complained of problems with Sumologic (as one would see with any new startup), the product itself was “useful,” according to Ashi Sheth. (R.T. Vol. 8, p. 1670-71). As described below, at the time, Sumologic saved Netflix from paying for a far more expensive and inferior product called Splunk.
Wow! I was evaluating SumoLogic and Splunk in Netflix back then. Neither of them was suitable for our use cases. We ended up rolling out our own solutions. As far as I recall, the eng org didn't use Splunk or SumoLogic. Kail headed the IT department, though. Maybe they used SumoLogic.
Re: Former Netflix executive convicted of receiving bribes from contractors
#169Lots of comments here about how sentences are harsher for harming corporations and the extremely rich rather than common people. (See this case, Theranos, etc.)
Is it possible that Netflix is _funding_ (or providing substantial material support to) the prosecution of this case, a bit like we've seen in Chevron v Donziger?
Re: Former Netflix executive convicted of receiving bribes from contractors
#170>In his own memorandum to the court, requesting that he be sentenced to a year of house arrest, Kail, 49, described himself as a “global power leader, top dev ops influencer and a thought leader.” So very humble of him.
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